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Zacks Rank

All articles tagged with #zacks rank

Micron Dips as Tech Rally Softens Ahead of Key Earnings
investment-and-company-information1 month ago

Micron Dips as Tech Rally Softens Ahead of Key Earnings

Micron Technology (MU) closed at 1,000.26, down 1.61% and underperforming a broader market decline (S&P 500 -0.58%, Dow -1.18%), while the stock has risen about 18% over the past month. The company is due to report earnings on September 30, 2026, with Zacks forecasting EPS of 31.39 and revenue of 50.76 billion for the period. Zacks also assigns MU a #2 (Buy) rating, noting a Forward P/E of 6.44 and a PEG of 0.64, suggesting valuation support relative to its Computer – Integrated Systems peers ahead of the print.

Campbell's CPB Misses Q4 EPS and Revenue as Zacks Flags Sell
finance1 month ago

Campbell's CPB Misses Q4 EPS and Revenue as Zacks Flags Sell

Campbell's Soup Co. (CPB) reported Q4 earnings of $0.39 per share, missing the Zacks consensus of $0.40, with revenue around $2.14 billion (about 0.7% below expectations). This compares to $0.62 per share in the year-ago period. In the last four quarters, Campbell's beat estimates twice. The stock has fallen roughly 14.7% year-to-date as investors await management commentary on the earnings call. Looking ahead, the coming quarter is expected to deliver about $0.60 per share on $2.64 billion in revenue, with full-year guidance around $1.97 on $9.82 billion. Zacks assigns CPB a Rank #4 (Sell) due to unfavorable estimate revisions, signaling potential near-term underperformance versus the market.

American Airlines CEO Admits Missteps Amid Leadership Changes and Market Decline
finance2 years ago

American Airlines CEO Admits Missteps Amid Leadership Changes and Market Decline

American Airlines (AAL) shares fell by 1.55%, underperforming the broader market. Over the past month, AAL's stock has decreased by 14.43%, lagging behind the Transportation sector's 3.3% loss and the S&P 500's 3.15% gain. Analysts are closely watching the company's upcoming earnings, with projected EPS of $1.28 and revenue of $14.69 billion. AAL currently holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 4.53, indicating a discount compared to its industry average.

TSMC Stock: Soaring Amid AI Frenzy and Geopolitical Tensions
finance2 years ago

TSMC Stock: Soaring Amid AI Frenzy and Geopolitical Tensions

TSMC stock closed at $138.84, down 0.99% from the previous day, underperforming the broader market. Analysts expect a year-over-year decline in earnings but a rise in revenue for the upcoming earnings report. Investors should monitor analyst projections and utilize the Zacks Rank system, which currently rates TSMC as a Buy. The stock is trading at a Forward P/E ratio of 22.67, in line with its industry, and has a PEG ratio of 1.07. The Semiconductor - Circuit Foundry industry, to which TSMC belongs, is ranked in the top 1% of all industries by Zacks.

UiPath (PATH) Surprises with Strong Q4 Earnings and Stock Gains
finance2 years ago

UiPath (PATH) Surprises with Strong Q4 Earnings and Stock Gains

UiPath (PATH) reported Q4 earnings of $0.22 per share, surpassing the Zacks Consensus Estimate of $0.15 per share, with revenues of $405.25 million, beating estimates. The stock's performance will depend on management's commentary and future earnings expectations. The current Zacks Rank for UiPath is #3 (Hold), indicating expected performance in line with the market. Fathom Holdings (FTHM) in the same industry is expected to report a quarterly loss of $0.32 per share, with revenues of $80.99 million.

"Robinhood's Stock Soars on Surging Trading Volumes and Earnings Optimism"
finance2 years ago

"Robinhood's Stock Soars on Surging Trading Volumes and Earnings Optimism"

Analysts are optimistic about Robinhood Markets, Inc.'s earnings prospects, leading to a Zacks Rank #2 (Buy) and a 38.4% stock gain over the past four weeks. Earnings estimates for the company have significantly improved, with consensus estimates for the next quarter and full year showing substantial increases. The Zacks Rank system, based on earnings estimate revisions, suggests a positive outlook for the stock, as historically Zacks #1 Ranked stocks have outperformed the market. Investors may want to consider adding Robinhood to their portfolio based on its solid estimate revisions and potential for stock price growth.

Alphabet Inc. (GOOGL) Outperforms Market with Online Advertising Recovery
finance2 years ago

Alphabet Inc. (GOOGL) Outperforms Market with Online Advertising Recovery

Alphabet Inc. (GOOG) stock advanced by 1.94% despite the market decline, outperforming the S&P 500. Investors are anticipating the company's upcoming earnings release, with projected year-over-year growth in earnings and revenue. Analysts are expecting positive changes in earnings and revenue for the full year. The Zacks Rank, currently at #3 (Hold), suggests potential stock price performance. Alphabet Inc. also shows a favorable valuation compared to the industry average. The Internet - Services industry, to which Alphabet Inc. belongs, currently ranks in the bottom 40% of all industries.

"Apple's Stock Resilience Amid Market Turmoil: What's Next?"
finance2 years ago

"Apple's Stock Resilience Amid Market Turmoil: What's Next?"

Apple's stock price rose by 1.02% while the broader market fell, with the company's upcoming earnings report and analyst estimates being closely watched. Analysts project a year-over-year decline in earnings and revenue, but anticipate positive shifts for the annual period. The Zacks Rank, which integrates analyst estimate changes, currently rates Apple as a Hold. The company's valuation metrics, including Forward P/E ratio and PEG ratio, suggest it may be trading at a premium compared to its industry peers. The Computer - Mini computers industry, to which Apple belongs, has a Zacks Industry Rank in the bottom 28% of all industries.

"Broadcom's Strong Q1 Earnings Beat Fails to Boost Stock"
businessfinance2 years ago

"Broadcom's Strong Q1 Earnings Beat Fails to Boost Stock"

Broadcom Inc. (AVGO) reported Q1 earnings of $10.99 per share, surpassing estimates, with revenues of $11.96 billion, beating expectations. The stock has outperformed the market, but the Zacks Rank currently stands at #4 (Sell), indicating a potential underperformance in the near future. The industry outlook and estimate revisions will likely impact the stock's performance, with the Electronics - Semiconductors industry currently ranking in the bottom 21% of Zacks industries. SMART Global Holdings, Inc. (SGH) is also expected to report its quarterly results soon.

"Analysts Bullish on Micron Stock as AI Potential Surges"
finance2 years ago

"Analysts Bullish on Micron Stock as AI Potential Surges"

Micron (MU) stock outpaced the market with a 1.15% gain, reaching $95.56, and has gained 11.67% over the past month. The upcoming earnings report on March 20, 2024, projects an EPS of -$0.28 and a revenue of $5.32 billion, with full-year estimates showing positive changes. Investors should monitor analyst projections and the Zacks Rank, which currently holds Micron at #3 (Hold). The Semiconductor Memory industry, to which Micron belongs, has a Zacks Industry Rank of 90, indicating strong performance within the Computer and Technology sector.

"Analyzing Alphabet Inc. (GOOG) Stock Performance and Abbott Laboratories (ABT) Trend"
finance2 years ago

"Analyzing Alphabet Inc. (GOOG) Stock Performance and Abbott Laboratories (ABT) Trend"

Alphabet Inc. (GOOG) stock closed at $133.78, down 0.31% from the previous day, underperforming the S&P 500 and Nasdaq. The company's stock has dropped by 7.4% in the past month, and investors are awaiting its upcoming earnings release, with projected earnings of $1.49 per share and revenue of $65.95 billion. Analysts are closely monitoring any changes in estimates for the company, as positive revisions could indicate a favorable business outlook. Alphabet Inc. currently holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 19.81, indicating a discount compared to its industry. The Internet - Services industry, to which Alphabet Inc. belongs, ranks in the bottom 45% of all industries according to Zacks Industry Rank.

Albemarle Reports Q4 Earnings Beat Despite Lithium Pricing Challenges
finance2 years ago

Albemarle Reports Q4 Earnings Beat Despite Lithium Pricing Challenges

Albemarle (ALB) exceeded Q4 earnings and revenue expectations, with earnings of $1.85 per share and revenues of $2.36 billion, beating estimates. However, the stock has underperformed the market, and its earnings outlook is currently unfavorable, leading to a Zacks Rank #5 (Strong Sell). The chemical industry's outlook also impacts the stock's performance, with the industry currently ranked in the bottom 8% by Zacks. Huntsman (HUN) is yet to report its results, with an expected quarterly loss and decreased revenue.

"Barrick Gold Exceeds Q4 Earnings Estimates and Announces Buyback Program"
finance2 years ago

"Barrick Gold Exceeds Q4 Earnings Estimates and Announces Buyback Program"

Barrick Gold (GOLD) exceeded Q4 earnings estimates with $0.27 per share, a 28.57% surprise, but missed revenue estimates. Its stock performance will depend on management's commentary and future earnings expectations. The Zacks Rank for the stock is currently #3 (Hold), indicating expected performance in line with the market. Sandstorm Gold (SAND) is yet to report its quarterly results, with expectations of a significant year-over-year earnings change.

"Upstart Holdings (UPST) Q4 Earnings: Mixed Results and Revenue Beat"
finance2 years ago

"Upstart Holdings (UPST) Q4 Earnings: Mixed Results and Revenue Beat"

Upstart Holdings, Inc. (UPST) reported a Q4 loss of $0.11 per share, surpassing revenue estimates, and showing an earnings surprise of 26.67%. The company's stock has underperformed the market, and its earnings outlook is unfavorable, leading to a Zacks Rank #4 (Sell). Investors are advised to monitor industry outlook and anticipate Wix.com's upcoming earnings report.

"Nvidia's Soaring Stock Defies Market Downturn"
finance2 years ago

"Nvidia's Soaring Stock Defies Market Downturn"

Nvidia's stock closed with a slight gain, outperforming the S&P 500, as the company's upcoming earnings report is eagerly anticipated with projected significant increases in EPS and revenue. Analysts' positive revisions in estimates reflect confidence in the company's performance, with the Zacks Rank system rating it as a #2 (Buy). However, the stock is trading at a premium compared to its industry, and the Semiconductor - General industry is currently ranked in the bottom 22% of all industries.